BILL (NYSE:BILL – Get Free Report) announced its quarterly earnings data on Wednesday. The company reported $0.84 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.71 by $0.13, FiscalAI reports. The company had revenue of $436.19 million for the quarter, compared to analysts’ expectations of $430.55 million. BILL had a net margin of 0.01% and a return on equity of 2.40%. BILL updated its Q1 2027 guidance to 0.960-1.000 EPS and its FY 2027 guidance to 3.560-3.790 EPS.
BILL Price Performance
BILL stock traded down $1.55 during trading on Wednesday, reaching $47.62. 4,542,857 shares of the company were exchanged, compared to its average volume of 2,618,360. The company has a market cap of $4.74 billion, a P/E ratio of -4,757.24, a PEG ratio of 1.12 and a beta of 1.13. BILL has a 52-week low of $31.41 and a 52-week high of $57.21. The stock’s 50 day moving average price is $41.42 and its 200 day moving average price is $40.53. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.66 and a current ratio of 1.66.
Wall Street Analyst Weigh In
Several analysts have recently weighed in on BILL shares. Wall Street Zen downgraded shares of BILL from a “buy” rating to a “hold” rating in a report on Monday, July 13th. Robert W. Baird increased their price target on shares of BILL from $50.00 to $54.00 and gave the stock a “neutral” rating in a report on Monday, May 11th. Keefe, Bruyette & Woods raised their price objective on shares of BILL from $42.00 to $49.00 and gave the company a “market perform” rating in a research report on Tuesday, May 12th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of BILL in a report on Monday. Finally, Oppenheimer set a $55.00 target price on BILL and gave the stock an “outperform” rating in a research report on Friday, May 8th. Twelve analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $55.95.
Institutional Inflows and Outflows
Hedge funds have recently added to or reduced their stakes in the stock. Aster Capital Management DIFC Ltd acquired a new stake in shares of BILL during the 4th quarter valued at approximately $28,000. Caitong International Asset Management Co. Ltd grew its holdings in shares of BILL by 972.0% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 536 shares of the company’s stock worth $28,000 after acquiring an additional 486 shares during the period. UMB Bank n.a. grew its holdings in shares of BILL by 21.8% in the 4th quarter. UMB Bank n.a. now owns 1,336 shares of the company’s stock worth $73,000 after acquiring an additional 239 shares during the period. Tower Research Capital LLC TRC grew its holdings in shares of BILL by 43.5% in the 2nd quarter. Tower Research Capital LLC TRC now owns 3,469 shares of the company’s stock worth $160,000 after acquiring an additional 1,052 shares during the period. Finally, Quarry LP purchased a new position in BILL in the 3rd quarter valued at approximately $199,000. 97.99% of the stock is owned by hedge funds and other institutional investors.
About BILL
BILL Holdings, Inc provides financial automation software for small and midsize businesses worldwide. The company provides software-as-a-service, cloud-based payments, and spend management products, which allow users to automate accounts payable and accounts receivable transactions, as well as enable users to connect with their suppliers and/or customers to do business, eliminate expense reports, manage cash flows, and improve office efficiency. It also offers onboarding implementation support, and ongoing support and training services.
Featured Stories
- Five stocks we like better than BILL
- Bloom Energy’s AI Surge Meets a Valuation Reality Check
- Target Is Winning Shoppers Back—Can the Rally Reach $180?
- IonQ’s Space Contract Points to a New Frontier for Quantum Investors
- Is Apple’s AI Strategy Smarter Than Skeptics Think?
Receive News & Ratings for BILL Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BILL and related companies with MarketBeat.com's FREE daily email newsletter.
